| | Issuance | | Preferred | | Rate | | Initial | | | Rate at | | | Maturity | | |
Issuance Trust | | Date | | Security | | Type | | Rate | | | 12/31/13 | | | Date | | |
| | | | | | | | | | | | | | | | |
PFC Statutory Trust I | | 12/2005 | | $ | 5,000 | | Variable (1) | | 6.39 | % | | 1.69 | % | | 3/2036 | |
PFC Statutory Trust II | | 6/2006 | | $ | 8,000 | | Variable (1) | | 7.02 | % | | 1.84 | % | | 7/2036 | |
(1) | The variable rate preferred securities reprice quarterly based on the three month LIBOR rate. |